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Adani Group Firm News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Adani Green Energy shares tumble 13% despite $409-mn fundraising via bonds

Adani Green Energy shares gain as promoters to infuse Rs 9,350 crore

Shares of Adani Green Energy Ltd gained over 6% intraday after the Adani Group's firm said its board of directors has approved a preferential issuance of warrants to the promoters of the company for a quantum of Rs 9,350 crore (equivalent to $1,125 million). The warrants will be issued at price of Rs 1,480.75/share. Adani Green Energy shares zoomed 6.26% to Rs 1630 against the previous close of Rs 1533.95 on BSE. Market cap of Adani Green Energy stood at Rs 2.56 lakh crore. Total 4.22 lakh shares changed hands amounting to a turnover of Rs 66.74 crore. Later, the stock closed 5.54% higher at Rs 1618.90 on BSE.

Adani Green Energy shares rise as board to discuss raising of funds on December 26

Adani Green Energy shares rise on formation of ARE59L for portfolio expansion

Shares of Adani Green Energy Ltd gained over 2% today after the firm said it incorporated a step down subsidiary company ARE59L for expansion of its renewable energy portfolio. Adani Green Energy shares zoomed 2.47% to Rs 1569 against the previous close of Rs 1531.10 on BSE. Market cap of Adani Green Energy rose to Rs 2.43 lakh crore. Total 0.19 lakh shares changed hands amounting to a turnover of Rs 2.98 crore.    

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